DAMAC TOWERS in Business Bay, Dubai, UAE № 46787
DAMAC TOWERS Development description
The DAMAC Towers by Paramount Hotels & Resorts residential complex is an exclusive project in Business Bay. It was created by the developer DAMAC Properties and the American film company Paramount Pictures hotel chain If you plan to buy an apartment in a new building in Dubai, this complex is a perfect option.
Description
The developer DAMAC Properties began construction of DAMAC Towers by Paramount residential complex in Dubai in 2013. The complex was put into operation in the third quarter of 2019.
The complex has 4 separate buildings - Paramount Towers A, B, C, and D.
Each of the 4 towers reaches a height of 270 meters and has 68 floors. Real estate in DAMAC Towers by Paramount in Dubai is for sale and rent in 3 towers. A total of 1,200 apartments are sold with laconic interiors inspired by Paramount’s iconic films. Apartments in the DAMAC Towers by Paramount residential complex offer residents a panoramic view of the city and individualized service.
There is a hotel with first-class service and many amenities in the fourth tower including a stunning swimming pool, a huge terrace, and panoramic views from the windows.
Architecture, style, and design
The DAMAC Towers by Paramount is a new building in Business Bay, in Dubai, UAE. It’s unique for its scale and style. It combines California coolness with Hollywood chic through illuminated glass panels.
The project’s architect is KEO.
TAV Construction did the main construction work and Conin Incorporated consultants did the piling. The 4 ultra-high skyscrapers are on a common podium. Apartments in 3 of the buildings are serviced by DAMAC Maison, and the fourth is Paramount Hotel Dubai - a combination of a hotel and hotel apartments. The developer’s prices for housing in DAMAC Towers by Paramount start from $217,535 (¥1,379,128).
The elegant décor is inspired by the Paramount style and reflects an atmosphere of the cinema’s iconic films. To buy an apartment in a new building in DAMAC Towers by Paramount in Dubai means making a potentially profitable investment in a sought-after property that is highly valued all over the world.
The elite residential complex DAMAC Towers by Paramount offers guests and residents access to restaurants, a spa area or admire Dubai’s beautiful night views.
Features
The complex residents can visit nearby malls like Dubai Mall, Mall of the Emirates, and Ibn Battuta that are 11, 19 and 28 minutes away, respectively. The pedestrian street The Walk JBR is a 28-minute drive away. There are many shops, cozy cafés, and a lot of other places to spend your time within walking distance from the complex.
The complex is a 45-minute drive from Al Maktoum International Airport. Dubai International Airport is closer – a 23-minute drive away.
This and other luxury properties in Dubai are listed on the Emirates.Estate website. For more information about the property, please contact our managers today.
Location
- Near public transportation
- Close to shopping malls
- Near metro
- Metro access
- Near Mosque
Distance to metro
Parameters | Dubai |
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Rent Per Month | |
Apartment (1 bedroom) in City Centre | 8 016.62 AED |
Apartment (1 bedroom) Outside of Centre | 4 845.92 AED |
Apartment (3 bedrooms) in City Centre | 15 367.45 AED |
Apartment (3 bedrooms) Outside of Centre | 10 537.42 AED |
Buy Apartment Price | |
Price per Square Meter to Buy Apartment in City Centre | 19 448.36 AED |
Price per Square Meter to Buy Apartment Outside of Centre | 10 694.73 AED |
Parameters | Dubai |
---|---|
Crime Index | 16.20 |
Cost of Living and Rent Index | 58.31 |
Purchasing Power Index | 114.91 |
Property Price to Income Ratio | 5.03 |
Safety Index | 83.80 |
Traffic CO₂ Index | 8147.60 |
Traffic Inefficiency Index | 264.68 |
Rent Index | 53.56 |
Health Care Index | 69.05 |
Groceries Index | 46.82 |
Pollution Index | 49.34 |
Traffic Commute Time Index | 37.01 |
Restaurant Price Index | 61.51 |
Climate Index | 50.27 |
Cost of Living Index | 62.61 |
Quality of Life Index | 169.56 |
Traffic Index | 173.48 |
Parameters | Dubai |
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Restaurants | |
Meal, Inexpensive Restaurant | 40.00 AED |
Meal for 2 People, Mid-range Restaurant, Three-course | 300.00 AED |
McMeal at McDonalds (or Equivalent Combo Meal) | 35.00 AED |
Domestic Beer (0.5 liter draught) | 45.00 AED |
Imported Beer (0.33 liter bottle) | 50.00 AED |
Coke/Pepsi (0.33 liter bottle) | 4.16 AED |
Water (0.33 liter bottle) | 2.79 AED |
Cappuccino (regular) | 21.53 AED |
Markets | |
Milk (regular), (1 liter) | 7.50 AED |
Loaf of Fresh White Bread (500g) | 5.96 AED |
Eggs (regular) (12) | 11.59 AED |
Local Cheese (1kg) | 40.60 AED |
Water (1.5 liter bottle) | 2.32 AED |
Bottle of Wine (Mid-Range) | 57.50 AED |
Domestic Beer (0.5 liter bottle) | 11.67 AED |
Imported Beer (0.33 liter bottle) | 19.19 AED |
Cigarettes 20 Pack (Marlboro) | 23.00 AED |
Apples (1kg) | 8.50 AED |
Chicken Fillets (1kg) | 30.58 AED |
Oranges (1kg) | 6.86 AED |
Potato (1kg) | 3.77 AED |
Lettuce (1 head) | 6.17 AED |
Rice (white), (1kg) | 8.28 AED |
Tomato (1kg) | 6.06 AED |
Banana (1kg) | 7.19 AED |
Onion (1kg) | 4.12 AED |
Beef Round (1kg) (or Equivalent Back Leg Red Meat) | 35.08 AED |
Transportation | |
One-way Ticket (Local Transport) | 6.50 AED |
Monthly Pass (Regular Price) | 300.00 AED |
Gasoline (1 liter) | 3.06 AED |
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 150 000.00 AED |
Taxi Start (Normal Tariff) | 12.00 AED |
Taxi 1km (Normal Tariff) | 3.00 AED |
Taxi 1hour Waiting (Normal Tariff) | 30.00 AED |
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 83 765.52 AED |
Utilities (Monthly) | |
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | 758.85 AED |
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 352.63 AED |
220.96 AED | |
Salaries And Financing | |
Average Monthly Net Salary (After Tax) | 14 989.98 AED |
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.18 |
Sports And Leisure | |
Fitness Club, Monthly Fee for 1 Adult | 329.46 AED |
Tennis Court Rent (1 Hour on Weekend) | 177.12 AED |
Cinema, International Release, 1 Seat | 50.00 AED |
Clothing And Shoes | |
1 Pair of Jeans (Levis 501 Or Similar) | 238.29 AED |
1 Summer Dress in a Chain Store (Zara, H&M, ...) | 221.25 AED |
1 Pair of Nike Running Shoes (Mid-Range) | 368.59 AED |
1 Pair of Men Leather Business Shoes | 364.74 AED |
Childcare | |
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 2 730.53 AED |
International Primary School, Yearly for 1 Child | 53 789.47 AED |
Layouts in DAMAC TOWERS
Apartments and flats in DAMAC TOWERS
From the developer
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Apartment in DAMAC TOWERS in Business Bay, Dubai, UAE 1 bedroom, 97 sq.m. № 46960
Rooms: 2Bedrooms: 1Bathrooms: 2Living space: 97 m²Distance to the sea: 6 km -
Apartment in DAMAC TOWERS in Business Bay, Dubai, UAE 1 room, 44 sq.m. № 46961
Rooms: StudioBathrooms: 1Living space: 44 m²Distance to the sea: 6 km -
Apartment in DAMAC TOWERS in Business Bay, Dubai, UAE 1 room, 46 sq.m. № 46991
Rooms: StudioBathrooms: 1Living space: 46 m²Distance to the sea: 6 km -
Apartment in DAMAC TOWERS in Business Bay, Dubai, UAE 3 bedrooms, 162 sq.m. № 47124
Bedrooms: 3Bathrooms: 3Living space: 162 m²Distance to the sea: 6 km -
Apartment in DAMAC TOWERS in Business Bay, Dubai, UAE 2 bedrooms, 150.41 sq.m. № 194556
Bedrooms: 2Bathrooms: 3Living space: 150.41 m²Distance to the sea: 6 km -
Apartment in DAMAC TOWERS in Business Bay, Dubai, UAE 1 room, 46 sq.m. № 194558
Rooms: StudioBathrooms: 1Living space: 46 m²Distance to the sea: 6 km -
Apartment in DAMAC TOWERS in Business Bay, Dubai, UAE 3 bedrooms, 161.93 sq.m. № 194559
Bedrooms: 3Bathrooms: 3Living space: 161.93 m²Distance to the sea: 6 km -
Apartment in DAMAC TOWERS in Business Bay, Dubai, UAE 3 bedrooms, 162.16 sq.m. № 194557
Bedrooms: 3Bathrooms: 3Living space: 162.16 m²Distance to the sea: 6 km
Video
max. 162.16 m²
- m²
- sq. ft